Public Company Information:

PSE: GLO

GCash, the pioneer in electronic payments using QR codes, partners
with Ministop, one of the largest 24-hour convenience store chains in
the Philippines, to promote and spread the benefits of cashless
payments in the country.

Ministop is a franchise of Ministop Co. Ltd., one of the largest
convenience store chains in Japan. It is a subsidiary of Robinsons
Retail Holdings, Inc., the second-largest multi-format retailer in the Philippines.

“We are excited over this partnership since Ministop is the first
convenience store in the country to embrace e-payment via QR code.
This will be good for the larger population because of the ease,
convenience, and security that e-payments provide both to the
consumers and merchants,” said Anthony Thomas, President and CEO of
Mynt which operates GCash.

The convenience store chain has developed products and services that
cater to the consumption profile of the Filipino market with its wide
assortment of merchandise and an extensive selection of ready-to-eat
products which are mostly patronized by employees and students.

With a deep understanding of the Filipino consumers, Ministop
continues to provide quality, affordable price and value-added
services that will make it more convenient and secure for its
customers to pay for their purchases, thus, the decision to partner
with GCash for e-payments through QR scanning.

“Providing 24/7 convenience to our customers has always been our
thrust,” said Ministop’s General Manager, Ms. Thelma Roxas-Jacob, “and
we find that Globe GCash’s e-payment via QR code program will redefine
convenience to our customers by providing them an easier way to shop
for their favorite treats and meals with just few clicks on their
mobile phones.”

To use the scan to pay feature of the GCash App, customers only need
to download or update the GCash App in their iPhone or Android
smartphone, register for an account and load their GCash wallet in any
of the 12,000 GCash partner outlets nationwide, including Robinsons
Business Centers, Globe Stores, SM Business Centers, Puregold
branches, 7-Eleven Cliqq kiosks, and TouchPay kiosks, among others.
Once done, they only need to tap or point the phone’s camera at the QR
code, and input the amount to be paid.

The GCash App scan to pay feature is initially available at Ministop
branches in Cyberscape Alpha and Cyberscape Beta in Ortigas Center
starting December 1, with more and more branches slated
to roll out the service in 2018. GCash users will also enjoy a 10
percent rebate when they scan to pay with GCash at the said branches
for the whole month of December.

GCash, operated by Mynt which is owned by Globe Telecom, Ant
Financial and Ayala Corp., has been aggressively campaigning for
cashless payment system using the GCash App scan to pay feature,
kicking off the cashless movement at Mercato Central in Bonifacio
Global City and Ayala Malls.

Thomas said Filipinos will see GCash becoming more ubiquitous in the
next couple of years as it acquires more partner merchants including
micro entrepreneurs. “We are not reserving e-payment for organized
trade, but also for your cigarette vendor, balut vendor and the
sari-sari store, among others. Eventually, you can pay with your
smartphone anywhere you go. No need to bring cash,” said Thomas.

GCash has been working hard to change the landscape of how Filipinos
usually pay for their purchases to eliminate the pain points of
payments such as the hassle of bringing money, waiting for change, or
getting into misunderstandings over payments. Merchants, meanwhile,
will no longer need expensive machines to process mobile money
transactions since they only need QR stickers with a unique code
linked to their GCash wallet.

Learn more about GCash by visiting www.gcash.com. Follow us on our social
media channels: www.facebook.com/gcashofficial,www.twitter.com/gcashofficial,
and http://www.instagram.com/gcashofficial.